CashFlowRE
Sign in Sign up
213 Irene St
A- Composite 81.25
Why this score? — see what drove the A- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.7/10.0
  • Appreciation +5.5/10.0
  • Rent growth +3.9/5.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0

$85,000

213 Irene St · West Orange, TX 77630
2 bd · 1.0 ba · 1,012 sqft · SingleFamily public records · 38 Days on market
Built 1960 6,098 sqft lot $84/sqft · 19% below area Est $105k · 19% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Great investment opportunity in the heart of Orange! This 2-bedroom, 1-bath home offers solid bones, functional open-concept layout & tons of potential for an investor or buyer ready to bring their vision to life. Conveniently located near shopping, restaurants & everyday amenities, the property offers a neutral color scheme, 2-car carport, gutters & vinyl siding for lower exterior maintenance. The enclosed garage creates valuable flex space ideal for an additional living area, office or potential 3rd bedroom conversion. The handicap-accessible bathroom was recently updated & an enclosed utility room is ready to be finished out. Outside, you'll find a covered back po

Key facts

  • Producing fig tree
  • Workshop
  • Open-concept layout

Tags

OPEN-CONCEPT LAYOUTHANDICAP-ACCESSIBLE BATHROOMCOVERED BACK PORCHPRODUCING FIG TREEWORKSHOP

Property features AI

Finance

  • Other: Public maintained road
  • Financial info: No investment or rental income details provided
  • HOA & community: No HOA details provided

Exterior

  • Parking: Attached carport; 2 carport spaces
  • Security: No security details provided
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; Residential property
  • Construction: Vinyl siding; Composition roof; Slab foundation; Built with vinyl siding and composition roofing
  • Exterior features: Covered patio/porch; Chain link fence; Workshop

Interior

  • Kitchen: Gas cooktop; Range; Microwave; Refrigerator
  • Bedrooms: No bedroom-level details provided
  • Flooring: Carpet; Vinyl
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Ceiling fan(s); Window unit(s)
  • Interior features: Ceiling fans; Window cooling units; Refrigerator; Gas cooktop; Microwave; Range
  • Laundry & utility: No laundry details provided

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $85k.

Deal economics

  • At list price, monthly cash flow is $326 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $85k).
  • Recommended offer: $82k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 60/100 on livability (#1,075 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, health & safety A; Watch: crime C-, schools D-, amenities F.
  • West Orange-Cove CISD (suburban): math 17% / reading 21% proficiency, ranked #784 of 826 in TX (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+5.7%/yr); 337 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).

Forward outlook

  • In year one you build about $1k of equity ($588 loan paydown + $858 appreciation (1.0% local appreciation)).
  • Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (1.0% appreciation + 5.7% rent growth), your $24k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 38 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $82,450 (3.0% below list)

Questions for the listing agent

  1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.47%
Cap rate
11.83%
Cash-on-cash
19.77%
DSCR
1.88
GRM
5.7

CMA / ARV

ARV (median comp)
$104,967
List price
$85,000
Delta
-19.02%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3020 Western Ave 0.66mi 2/1.0 990 (-2%) 4mo $132,800 $134 62
3415 Bowling Ln 0.72mi 3/1.0 (+1) 1,060 (+5%) 4mo $90,000 $85 50
6 Circle Q St 0.70mi 3/1.0 (+1) 1,090 (+8%) 11mo $105,000 $96 41
10 Circle S 0.58mi 3/2.0 (+1) 1,128 (+12%) 13mo $105,000 $93 34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.01% appreciation · 5.71% rent growth · sell at horizon

5-year hold
IRR
20.8%
Equity multiple
2.09×
Total profit
$25,945
Equity at exit
$29,061
10-year hold
IRR
25.6%
Equity multiple
4.39×
Total profit
$80,791
Equity at exit
$38,654

Cash invested: $23,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 77630

Home prices YoY
0.4%
Rents YoY
5.7%
Active inventory
337
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$1,252 high interval (Pro) →
Mortgage (P&I)
$446
Tax from tax record
$116 /mo · $1,388/yr
Insurance
$35
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$263
Net cashflow
$326

Break-even live

Break-even rent $840
Max offer price $85,000
Occupancy floor 69%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$21,250
Closing costs
$2,550
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 38 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
205 Gloria St West Orange, TX 3.0 2.0 1225 $1,300 $1.06 43d 1 0.12mi
210 Florence St Orange, TX 3.0 1.0 1064 $1,425 $1.34 43d 1 0.23mi
206 Florence St Orange, TX 2.0 1.0 1216 $1,425 $1.17 43d 1 0.23mi
3000 MacArthur Dr Orange, TX 3.0 1.0–2.0 791 $1,142 $1.44 13d 12 0.36mi
101 Azalea Ave Unit A Orange, TX 3.0 1.0 1200 $2,000 $1.67 43d 1 0.46mi
302 Bridal Wreath Ave Orange, TX 3.0 1.0 1182 $1,195 $1.01 43d 1 0.54mi
1120 28th St Orange, TX 3.0 1.0 1308 $1,500 $1.15 43d 1 0.54mi
403 Bluebonnet Dr Orange, TX 3.0 1.0 1196 $1,300 $1.09 43d 1 0.61mi
310 Camellia Ave Orange, TX 3.0 1.0 988 $1,295 $1.31 21d 1 0.63mi
406 Dayton St West Orange, TX 2.0 1.0 1350 $1,200 $0.89 43d 1 0.67mi
309 Quincy St West Orange, TX 3.0 1.5 1113 $1,200 $1.08 13d 1 0.77mi
107 Dahlia St Orange, TX 3.0 1.0 1149 $1,300 $1.13 13d 1 0.77mi
3333 Ridgemont Dr Unit 504 Orange, TX 1.0 1.0 725 $963 $1.33 13d 1 0.79mi
3333 Ridgemont Dr Unit 512 Orange, TX 1.0 1.0 725 $1,063 $1.47 13d 1 0.79mi
3333 Ridgemont Dr Unit 203 Orange, TX 2.0 1.0 1000 $1,084 $1.08 13d 1 0.79mi
3333 Ridgemont Dr Unit 310 Orange, TX 1.0 1.0 726 $938 $1.29 13d 1 0.79mi
3333 Ridgemont Dr Unit 505 Orange, TX 1.0 1.0 725 $988 $1.36 13d 1 0.79mi
7b Concord St Orange, TX 2.0 1.5 1206 $1,450 $1.20 13d 1 0.82mi
3333 Ridgemont Dr Unit 404 Orange, TX 2.0 1.0 1000 $1,254 $1.25 43d 1 0.83mi
3333 Ridgemont Dr Unit 006 Orange, TX 1.0 1.0 725 $1,063 $1.47 43d 1 0.83mi
3333 Ridgemont Dr Unit 506 Orange, TX 1.0 1.0 725 $963 $1.33 43d 1 0.83mi
3333 Ridgemont Dr Unit 302 Orange, TX 1.0 1.0 726 $938 $1.29 43d 1 0.83mi
3333 Ridgemont Dr Unit 315TWNHME Orange, TX 2.0 1.5 1216 $1,040 $0.86 21d 1 0.83mi
3333 Ridgemont Dr Unit 107 Orange, TX 2.0 1.0 952 $1,255 $1.32 43d 1 0.83mi
3333 Ridgemont Dr Unit 408 Orange, TX 2.0 1.0 1000 $1,059 $1.06 43d 1 0.83mi
3333 Ridgemont Dr Unit 403 Orange, TX 1.0 1.0 825 $988 $1.20 43d 1 0.83mi
3333 Ridgemont Dr Unit 007 Orange, TX 1.0 1.0 725 $1,088 $1.50 43d 1 0.83mi
3333 Ridgemont Dr Apt 105 Orange, TX 2.0 1.0 952 $1,255 $1.32 21d 1 0.83mi
3726 Bowling Ln Orange, TX 3.0 1.0 1045 $1,150 $1.10 43d 1 0.94mi
1543 Alamo St West Orange, TX 3.0 1.0 1170 $1,200 $1.03 13d 1 0.95mi
3615 Ridgemont Dr Orange, TX 3.0 1.0 1266 $1,275 $1.01 43d 1 0.96mi
1604 W Cherry Ave Orange, TX 1.0 1.0 850 $1,240 $1.46 43d 1 0.98mi
1010 N 16th St Orange, TX 3.0 1.5 1100 $1,500 $1.36 43d 1 0.99mi
3714 Ridgemont Dr Orange, TX 3.0 1.0 1020 $1,450 $1.42 13d 1 1.09mi
316 Old Timers Rd Unit 316 Orange, TX 3.0 2.0 1200 $1,595 $1.33 43d 1 1.26mi
3345 W Park Ave Orange, TX 1.0–2.0 1.0–1.5 999 $1,182 $1.18 13d 7 1.28mi
2801 W Sunset Dr Orange, TX 1.0–3.0 1.0–2.0 1113 $1,088 $0.98 13d 27 1.32mi
1500 Link Ave Orange, TX 1.0–2.0 1.0–1.5 1082 $1,050 $0.97 13d 1 1.42mi

Listing history 16 events

  1. 2026-06-18
    days on market $85,000 Active 38 DOM
  2. 2026-06-17
    days on market $85,000 Active 37 DOM
  3. 2026-06-16
    days on market $85,000 Active 36 DOM
  4. 2026-06-15
    days on market $85,000 Active 35 DOM
  5. 2026-06-14
    days on market $85,000 Active 33 DOM
  6. 2026-06-13
    days on market $85,000 Active 32 DOM
  7. 2026-06-10
    days on market $85,000 Active 30 DOM
  8. 2026-06-09
    days on market $85,000 Active 29 DOM
  9. 2026-06-08
    days on market $85,000 Active 28 DOM
  10. 2026-06-07
    days on market $85,000 Active 27 DOM
  11. 2026-06-03
    days on market $85,000 Active 23 DOM
  12. 2026-06-02
    days on market $85,000 Active 22 DOM
  13. 2026-06-01
    days on market $85,000 Active 21 DOM
  14. 2026-05-31
    days on market $85,000 Active 20 DOM
  15. 2026-05-30
    days on market $85,000 Active 19 DOM
  16. 2026-05-11
    listed $85,000 Active 1019-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$1,388 · $116/mo
Projected year-2 tax
$1,556 · $130/mo
Expected delta
+$167/yr (+$14/mo · 12.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 75% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,023
− Mortgage interest
−$4,761
− Property taxes
−$1,388
− Insurance
−$1,222
− Repairs & maintenance
−$1,202
− Management
−$1,202
− Depreciation
−$2,473
Taxable income
$2,774
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$666
After-tax cash flow
$3,242/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
West Orange-Cove CISD
NCES district ID
4845090
Math proficiency
17% ▼ -7.00%
Reading proficiency
21% ▼ -2.00%
Median HH income
$37,329
Composite
15.86/100
National rank
#9260
State rank
#784 of 826 in TX

Livability — West Orange

Score
60/100
State rank
#1075
US rank
#19069

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment C Housing A Health & safety A User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Orange, TX
County
Orange County · 87,112 people
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
28,983
Household income
$64,373
Rent vs Own
32.2% rent · 67.8% own
Severe rent burden
1018.0

Population outlook (Orange County) Hauer SSP2

Today (2025)
88,065 people
By 2030
89,591 · +1.7%
By 2040
91,982 · +4.4%
By 2050
93,023 · +5.6%
By 2075
94,871 · +7.7%
By 2100
88,155 · +0.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 21% Hispanic / Latino 11% Two or more races 9%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Lithuanian 13% Italian 1% Slovak 1%
Foreign-born
5% · Canada
Languages at home
91% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%

Political lean MEDSL · Orange

2024 margin
Solid R (+66.8) · D 16.4% · R 83.1%
2008→2024 swing
-19.6pp toward R · 2008: -47.1pp · 2024: -66.8pp
All cycles
2024: R+66.8 2020: R+63.4 2016: R+61.9 2012: R+54.3 2008: R+47.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.01%
Current HPI
264.14
Rent YoY
▲ 5.71%
Metro
Beaumont-Port Arthur, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-05-11 Listed $85,000 BBOR

Property tax history

+3.2%/yr

Latest (2025): $1,388 · +6.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…